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Eighty mortgage loan employees at HSBC Mortgage Corp. in Depew are being let go at the end of the month.
The bank told employees April 26 about the job cuts, HSBC spokesperson Kate Durham said. It is eliminating the mortgage loan operations role in order to “enhance operational efficiency,” she said.
The bank wants to place “as many affected employees as possible” in positions currently open in Western New York, Durham added.
“We are working closely with the affected individuals to help them identify potential opportunities elsewhere within HSBC,” she said.
Read more: HSBC trimming mortgage loan jobs – Business First of Buffalo
